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i3 Verticals, Inc. (IIIV)

Technology | Software - Infrastructure | Nashville, United States | NasdaqGS
16.28 USD -0.08 (-0.489%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 16.28

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 4:31 a.m. EDT

The investment case for i3 Verticals hinges entirely on a massive turnaround story rather than current operational reality. Fundamentally, the company is in distress: it is losing money (-2% profit margins), shrinking earnings (-73% quarterly growth), and carries a crushing debt load ($119M debt vs $2.6M cash) resulting in a precarious current ratio of 0.5. The balance sheet is fragile, and the business is not yet generating the cash flow needed to service its obligations comfortably. However, the market has priced in a complete transformation. The forward P/E of 13.6x implies analysts believe earnings will explode to $1.22 within a year, while the trailing P/E of 57x reflects the current lack of profitability. This divergence suggests the stock is a speculative bet on a successful pivot to recurring revenue, which aligns with the 'strong buy' analyst consensus and the aggressive price targets averaging $25.50. Technically, the stock has been battered, trading well below its 50-day and 200-day averages, yet it recently staged a sharp recovery, closing near the top of its recent range. This resilience hints that smart money sees value in the turnaround potential. The options market confirms this sentiment, with traders positioning heavily for a rally toward the $20-$25 zone, ignoring the fundamental risks for now. This is a high-risk, high-reward situation suitable only for investors who believe the management team can execute a flawless turnaround; for everyone else, the fundamental deterioration makes it a difficult hold.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.064212
AutoARIMA0.064771
AutoETS0.064771
AutoTheta0.064863

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 34%
H-stat 11.29
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 0.91
Attribute Value
Sector Technology
Debt to Equity Ratio 29.694
Revenue per Share 12.262
Market Cap 429,815,264
Trailing P/E 56.14
Forward P/E 13.34
Profit Margins -2.01%
Website https://www.i3verticals.com

As of Aug. 22, 2026, 4:31 a.m. EDT: Speculators are overwhelmingly bullish, with open interest concentrated in out-of-the-money calls (98% of call volume) targeting strikes between $20 and $25. Put activity is negligible, suggesting a consensus expectation of continued upside despite the recent price dip. Implied volatility is elevated on longer-dated strikes, indicating anticipation of significant moves by late 2026/early 2027.


Info Dump

Attribute Value
52 Week Change -0.46588314
Address1 40 Burton Hills Boulevard
Address2 Suite 415
All Time High 37.85
All Time Low 13.01
Ask 16.38
Ask Size 1
Audit Risk 2
Average Daily Volume10 Day 410,390
Average Daily Volume3 Month 446,777
Average Volume 446,777
Average Volume10Days 410,390
Bid 16.48
Bid Size 1
Board Risk 7
Book Value 15.451
City Nashville
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 8
Country United States
Crypto Tradeable 0
Currency USD
Current Price 16.28
Current Ratio 0.502
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 16.605
Day Low 16.21
Debt To Equity 29.694
Display Name i3 Verticals
Earnings Call Timestamp End 1,786,105,800
Earnings Call Timestamp Start 1,786,105,800
Earnings Growth -0.661
Earnings Quarterly Growth -0.73
Earnings Timestamp 1,786,046,400
Earnings Timestamp End 1,795,118,400
Earnings Timestamp Start 1,795,118,400
Ebitda 23,008,000
Ebitda Margins 0.07852
Enterprise To Ebitda 23.008
Enterprise To Revenue 1.807
Enterprise Value 529,369,504
Eps Current Year 1.0725
Eps Forward 1.22
Eps Trailing Twelve Months 0.29
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 19.6458
Fifty Day Average Change -3.365799
Fifty Day Average Change Percent -0.1713241
Fifty Two Week Change Percent -46.588314
Fifty Two Week High 33.97
Fifty Two Week High Change -17.69
Fifty Two Week High Change Percent -0.5207536
Fifty Two Week Low 15.57
Fifty Two Week Low Change 0.710001
Fifty Two Week Low Change Percent 0.04560058
Fifty Two Week Range 15.57 - 33.97
Financial Currency USD
First Trade Date Milliseconds 1,529,587,800,000
Float Shares 4,522,777
Forward Eps 1.22
Forward P E 13.344262
Full Exchange Name NasdaqGS
Full Time Employees 1,202
Fullday Change -0.0799999
Fullday Change Percent -0.488997
Fullday Price 16.28
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.19082001
Gross Profits 55,916,000
Has Pre Post Market Data 1
Held Percent Insiders 0.029189998
Held Percent Institutions 1.25476
Implied Shares Outstanding 26,401,429
Industry Software - Infrastructure
Industry Disp Software - Infrastructure
Industry Key software-infrastructure
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,759,190,400
Long Business Summary i3 Verticals, Inc. provides enterprise software and services solutions to public sector entities in the United States and Canada. The company offers digital solutions for dynamic processes to plan, coordinate, evaluate, record, and provide up to date information within court systems; E-Filing and revenue cycle management solutions for courts; solutions for computer aided dispatch, records management, evidence management, jail management, mobile solutions, and livescan; and software solutions for vehicle title and registration, driver's license and permit management, and motor carrier compliance for departments of transportation. It also provides digital customer engagement platform, comprising web, mobile, chat, and voice options; billing and back-office management software solutions and services; solutions for school lunch programs, including meal account management, point of sale, menu planning, nutritional analysis, food inventory and free, and reduced meal applications, as well as school event solutions, such as ticketing and concessions. In addition, the company offers government fund accounting software; digital land records solutions, including AI indexing of information; computer assisted mass appraisal solutions; licensing and permitting solutions that include automation every step of the application, renewal, and payment process; and tax and revenue collection management solutions. i3 Verticals, Inc. was founded in 2012 and is based in Nashville, Tennessee.
Long Name i3 Verticals, Inc.
Market us_market
Market Cap 429,815,264
Market State CLOSED
Max Age 86,400
Message Board Id finmb_225709389
Most Recent Quarter 1,782,777,600
Net Income To Common -5,898,000
Next Fiscal Year End 1,790,726,400
Non Diluted Market Cap 294,622,879
Number Of Analyst Opinions 4
Open 16.39
Operating Cashflow 13,742,000
Operating Margins 0.010290001
Overall Risk 6
Payout Ratio 0.0
Peg Ratio 1.24
Phone 615 465 4487
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 16.28
Post Market Time 1,787,947,804
Previous Close 16.36
Price Eps Current Year 15.179488
Price Hint 2
Price To Book 1.0536535
Price To Sales Trailing12 Months 1.4668212
Profit Margins -0.020130001
Quick Ratio 0.371
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.0799999
Regular Market Change Percent -0.488997
Regular Market Day High 16.605
Regular Market Day Low 16.21
Regular Market Day Range 16.21 - 16.605
Regular Market Open 16.39
Regular Market Previous Close 16.36
Regular Market Price 16.28
Regular Market Time 1,787,947,201
Regular Market Volume 382,801
Revenue Growth 0.022
Revenue Per Share 12.262
Sand P52 Week Change 0.20504117
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 4
Shares Outstanding 18,019,748
Shares Percent Shares Out 0.1865
Shares Short 3,359,997
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 3,291,059
Short Name i3 Verticals, Inc.
Short Percent Of Float 0.5475
Short Ratio 7.83
Source Interval 15
State TN
Symbol IIIV
Target High Price 30.0
Target Low Price 20.0
Target Mean Price 25.5
Target Median Price 26.0
Total Cash 2,647,000
Total Cash Per Share 0.147
Total Debt 118,872,000
Total Revenue 293,024,992
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 0.29
Trailing P E 56.137936
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 22.13635
Two Hundred Day Average Change -5.85635
Two Hundred Day Average Change Percent -0.26455805
Type Disp Equity
Volume 382,801
Website https://www.i3verticals.com
Zip 37,215